From Investor to Scalper – series of studies created in cooperation with broker BDSwiss, in which we take a financial instrument and the analysis includes a detailed look at the value from the monthly chart and ending with H1/M15.
EURCAD reached yesterday vicinity of an important support 1.3850. Taking into account that this level both in December and in January stopped bears from further declines in the near future we can expect the emergence of bullish response and at least a upward correction. In short term should therefore be considered a CALL option on this instrument.
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